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#GWEI $GWEI 15m This wave sold off quite sharply, current price $0.0881, 24h -21.62%.
For such a market, first look at the level. This pullback is not gentle; be cautious of weakening from highs.
But note: 59% of positions in the order book are long. Funding rate at -0.342%, shorts are clearly adding positions. If the lower level is not held, weakness will spread.
Both charts are below: first one for analysis levels, second one for web candlesticks.
Upward, watch if $0.0903 can be broken; downward, $0.08546 is a key reference.